minimum offer price rule (MOPR)
Retail-choice states wanting to reduce their reliance on RTO capacity markets need to improve how their retail markets handle resource procurement.
PJM plans to hold the next Base Residual Auction about six months after they receive FERC approval of its compliance filing implementing the expanded MOPR.
A bipartisan energy bill debated by the Senate is providing FERC critics an opportunity to seek changes to the commission’s quorum rules and authority.
Dominion asked FERC to reconsider its conclusion self-supply resources suppress PJM capacity prices, saying it is inconsistent with an exemption in NYISO.
The need for gas peakers and electric transmission and the increasing popularity of hybrid storage projects were recurrent topics at the ACORE Policy Forum.
Sen. Chris Van Hollen told Policy Forum attendees Senate Democrats will seek to amend a bill to undo FERC rulings on PJM’s and NYISO's capacity markets.
Consumer advocates asked the D.C. Circuit Court to review FERC’s order expanding PJM’s MOPR despite FERC not acting on numerous requests for rehearing.
PJM stakeholders got their first look at the price floors that could be applied for capacity resources under the expanded minimum offer price rule.
PSEG CEO Ralph Izzo expressed skepticism that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule.
FERC’s Dec. 19 order expanding PJM’s minimum offer price rule prompted outrage among some officials in the RTO’s 13-state footprint.
Want more? Advanced Search